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Full-Text Articles in Business

Hong Kong Business Through Countertrade : Past, Present And Future, Henry C. Steele Jun 1998

Hong Kong Business Through Countertrade : Past, Present And Future, Henry C. Steele

Hong Kong Institute of Business Studies Working Paper Series

The Hong Kong economy is dependent on external trade which is growing as governments have become more positive towards promoting unrestricted multilateral trade. It is paradoxical that barter and countertrade, forms of trade predating the use of money and trade finance continue to grow in importance. The paper examines the role of countertrade in Hong Kong's foreign trade, offering a contextual background to propose that countertrade has been an important element in the development of international trade and investment.

Available evidence is considered, the implications are discussed and a number of propositions made. There is a need for empirical research …


Relative Gains Problem And Case Studies Of Economic Cooperation In East Asia, Ping Deng Apr 1998

Relative Gains Problem And Case Studies Of Economic Cooperation In East Asia, Ping Deng

Graduate Program in International Studies Theses & Dissertations

Relative gains problem basically means unequal cooperative payoffs disproportionately favoring partners. With the relative gains problem widely accepted as a serious impediment to international cooperation, some scholars have theoretically argued or modeled several conditions that are most likely to foster a state's sensitivity to relative gains and thus substantially affect the prospects for cooperation. But little empirical work has been done to date. The central objective of this dissertation is to test whether those theoretical propositions can be supported by empirical evidence. For this purpose, we have deducted three hypotheses: (1) If a state faces military threat and zero-sum political …


The Impact Of The World Trade Organization On The Lack Of Transparency In The People's Republic Of China, Stephen Kho Jan 1998

The Impact Of The World Trade Organization On The Lack Of Transparency In The People's Republic Of China, Stephen Kho

Maryland Series in Contemporary Asian Studies

No abstract provided.